FirmaIQ
Org.nr 989 069 209 2019 → 2020 Year-over-year analysis

ABELHUS AS: årsregnskap 2020 vs 2019

Grew 38% on revenue, stronger earnings

approved 2021-06-22; registry 2021-06-28; journal 2021 491950

Full company analysis · All year comparisons

Summary

What changed

Comparing Årsregnskap 2020 with 2019 for ABELHUS AS. Revenue 1.75m NOK → 2.42m NOK (+38.3%). Net result +743.1k NOK → +911.4k NOK. Equity 4.77m NOK → 5.18m NOK.

On the constructive side: revenue rose; operating result improved; net result improved.

Also worth watching: cogs moved; book investments changed. All figures are taken from the published annual accounts for ABELHUS AS.

At a glance

Scorecard

Revenue
1.75m NOK 2.42m NOK
+38.3%
Operating result
+1.22m NOK +1.93m NOK
+58.4%
Net result
+743.1k NOK +911.4k NOK
+22.6%
Equity
4.77m NOK 5.18m NOK
+8.6%
Cash
3.15m NOK 4.22m NOK
+33.8%
Total assets
5.73m NOK 6.37m NOK
+11.1%

What improved

  • ↑

    Revenue rose

    Operating income / revenue moved from 1.75m NOK to 2.42m NOK (+38.3% YoY). Calculated

  • ↑

    Operating result improved

    Operating result +1.22m NOK → +1.93m NOK (op. margin 69.7% → 79.9%). Calculated

  • ↑

    Net result improved

    Net result +743.1k NOK → +911.4k NOK (net margin 42.5% → 37.7%). Calculated

  • ↑

    Equity strengthened

    Book equity 4.77m NOK → 5.18m NOK (equity ratio 83.2% → 81.4%). Calculated

  • ↑

    Cash rose

    Bank deposits 3.15m NOK → 4.22m NOK (+33.8% YoY). Calculated

Things to notice

  • ·

    COGS moved

    COGS / varekostnad 37.2k NOK → 233.8k NOK (+527.9% YoY). Calculated

  • ·

    Book investments changed

    Investment / intangible book value 1 NOK → 308.9k NOK. Reported fact